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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 5,596 $ 4,131
Accounts receivable, net 44,654 27,584
Inventories, net 22,039 18,360
Income tax receivable 2,504 2,026
Prepaid expenses and other current assets 3,989 4,377
Total current assets 78,782 56,478
Right of use asset 3,985 2,754
Property, plant and equipment, net 74,613 74,052
Goodwill 17,376 17,376
Intangibles, net 10,542 11,516
Other non-current assets 3,132 3,332
Total Assets 188,430 165,508
Current liabilities:    
Current portion of long-term debt 3,352 2,535
Revolving debt 200 420
Accounts payable 26,423 16,994
Taxes payable 2,209 2,613
Contract liability 5,367 1,319
Compensation and related benefits 9,140 8,305
Accrued other liabilities 4,998 3,809
Total current liabilities 51,689 35,995
Other non-current liabilities 3,648 2,560
Long-term debt 23,243 25,198
Post retirement benefits liability 7,747 7,823
Total Liabilities 86,327 71,576
Commitments and Contingencies 0 0
Stockholders’ Equity:    
Preferred stock — $0.01 par value, authorized shares — 10,000,000; no shares outstanding at June 30, 2021 and December 31, 2020 0 0
Common stock — $0.01 par value, authorized shares – 20,000,000; outstanding shares 8,040,748 at June 30, 2021 and 7,980,516 at December 31, 2020 80 80
Paid-in capital 36,931 36,127
Accumulated other comprehensive income, net of income taxes $ 1,247 $ 1,375
Treasury stock (in shares) 3,814,802 3,810,929
Treasury stock - at cost, 3,814,802 shares at June 30, 2021 and 3,810,929 shares at December 31, 2020 $ (28,568) $ (28,521)
Retained earnings 92,413 84,871
Total Stockholders’ Equity 102,103 93,932
Total Liabilities and Stockholders’ Equity $ 188,430 $ 165,508